NOT LISTED FOR SALE

4427 Us Highway 220 Bus S Asheboro, NC 27205

Estimated Value: $195,000 - $210,000

2 Beds
1 Bath
1,600 Sq Ft
$125/Sq Ft Est. Value

Last Sold January 25, 2018

Last sale price $97,500 $61 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,126/month

65 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Sycamore Elementary School Rated A
  • Detached Carport Space

About This Home

As of January 2018

Great starter home or investment opportunity!!! 2 bedroom home with additional studio apartment above the garage.

ATTENTION INVESTORS: This property is one of 5 available for purchase. Home is currently rented for $675 per month and apartment above garage is rented for $300 per month. Special price available when purchasing all 5 properties. Contact agent for additional information.

Last Agent to Sell the Property

Brian Rock Dulany

Dulany Rock Realty License #283970 Listed on: 09/15/2017

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $507

Year Built

  • Built in 1939

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 150 x 242 x 135 x 200
  • Property is zoned RR

Parking

  • 2 Car Detached Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,446 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7658497618
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$507

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Lot Size: 150 x 242 x 135 x 200
  • Subdivision Name: None
  • Directions: Us 220 bus south > home is on left
  • Above Grade Finished Sq Ft: 1446
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1939
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1446
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Garage, Detached Carport, Detached
  • Garage Description: Detached Carport, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 7658497618
  • Zoning: RR
  • TRIADMLS_PlatBook: 1-274
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 507
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Jan 25, 2018
Sold by
J S Mreaa Properties Llc
Bought by
Nelson Ricky T and Nelson Robin A
Seller's Agent
Brian Rock Dulany
Dulany Rock Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$84,900
Sold Price
$97,500
Premium/Discount to List
$12,600
14.84%
Current Estimated Value
$200,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,284
Avg. Annual Appreciation
9.68%
Original Mortgage
$95,733
Outstanding Balance
$83,616
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$117,168

Purchase Details

Closed on
Mar 1, 2013
Sold by
Js Mreaa Properties Llc
Bought by
Js Mreaa Properties Llc and M Allred Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
3.56%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 5, 2012
Closed on
Oct 5, 2012
Sold by
Helsabeck Melinda
Bought by
Js Mreaa Properties Llc and M Allred Properties Llc
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$60,000
Interest Rate
3.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 18, 1994
Bought by
J S Mreaa Properties Llcm Allred Propert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nelson Ricky T $92,500 None Available
Js Mreaa Properties Llc -- None Available
Js Mreaa Properties Llc $69,500 None Available
J S Mreaa Properties Llcm Allred Propert $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Ricky T $95,733
Previous Owner Js Mreaa Properties Llc $58,800
Previous Owner Js Mreaa Properties Llc $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2018 01/25/18 Sold $97,500 +14.8% $75 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $84,900 +21.3% $65 / Sq Ft
10/05/2012 10/05/12 Sold $70,000 -11.4% $48 / Sq Ft View Prior Sale
09/29/2012 09/29/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $79,000 -- $55 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $827 $133,420 $28,500 $104,920
2024 $827 $133,420 $28,500 $104,920
2023 $827 $133,420 $28,500 $104,920
2022 $640 $85,040 $14,400 $70,640
2021 $640 $85,040 $14,400 $70,640
2020 $615 $85,040 $14,400 $70,640
2019 $615 $85,040 $14,400 $70,640
2018 $521 $70,190 $12,600 $57,590
2016 $507 $70,185 $12,600 $57,585
2015 $509 $70,185 $12,600 $57,585
2014 -- $70,185 $12,600 $57,585
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brian Rock Dulany

    Dulany Rock Realty

    (336) 613-3178

    35 Total Sales

    Brian Rock Dulany
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Map

Source: Triad MLS

MLS Number: 850435

Triad MLS

APN: 7658-49-7618

North Carolina Randolph County Asheboro 27205

4427 Us Highway 220 Bus S, Asheboro, NC

Not Listed for Sale

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